Do you want to use affiliate marketing to generate money online? Then you've come to the right place since this is the only affiliate marketing instruction you'll ever need. To get you warmed up, let me tell you that the affiliate industry in the United States will reach $8.2 billion.
You don't want a piece of it?
Affiliate marketing has the advantage of being almost completely passive income. It implies that you will make money even if you do not work for a period of time. But first, you must put in a lot of effort! Even a small portion of $8.2 billion will transform your life.
So let's start with the fundamentals of affiliate marketing.
The Ultimate Affiliate Marketing Tutorial: Basics
Before you start making money with affiliate marketing, you need to understand a few concepts about it. This section will walk you through business models and types of products and services available for marketing.
But let me define what affiliate marketing is!
What is Affiliate Marketing
It's a type of marketing in which you, as an affiliate, earn a commission from marketing a product or service that you don't own. You search for a product or service, enjoy it, and recommend it to your audience.
84% of publishers benefit from affiliate marketing, according to Web Market Support. It means there is a huge potential for you to make big bucks online. Affiliate marketing is based on a revenue-sharing model.
That brings me to the second concept of affiliate marketing, which is the business model. If you promote a product or service, the owner gets the sale or beneficial action. And you get your commissions for that.
Affiliate Marketing Tutorial: Models
There are two primary business models for affiliate marketing – cost per sale and cost per action. Understanding these models will help you pave your way into affiliate marketing.
For example, Amazon Associates help you earn a commission if someone buys a product on Amazon using your link. Even if you send millions of visitors to the Amazon e-commerce store, you won't make a single dollar unless they become buyers.
Cost Per Action Affiliate Marketing
It's been speeding up for years now. This is comparatively easier than CPS because you don't need a sale to make a commission. But it's highly competitive. And most affiliate marketers may spend money to make money.
For example, Ian Fernando has spent $8000 on ads to make $9500. It's $1500 in pure profits. Not bad! You need to carefully examine all the factors. It's because a slight increase in cost per click could mean a loss for you.
Don't worry; it doesn't happen a lot if you are a niche promoter. It means you need to create a site or landing page based on the niched category. And then, if you run ads, you'll convert a lot of visitors into customers as well.
But first, you'll need to understand the type of product or service you will promote as an affiliate.
Types of Products or Services
There are many products and services you can choose from. Affiliate marketing can be for a paid membership to a course to physical products. Let me divide them into three major categories and shed light on them now.
Digital Products
Digital products can be quite valuable without a doubt. You cannot touch, hold, and taste a digital product, yet you can consume it. For example, you may enjoy music videos, but you'll never touch or taste them.
And that's why you must promote it to get affiliate commissions for you. These products often come in the form of downloadable or streamable digital files. Marketing these products is a little more challenging than physical products.
But why? It's because you compete with free content available online. Digital products that make substantial conversions include:
Educational products like courses
Memberships for sites
Digital templates or tools
Music and art
Licenses to use your digital asset
From where can you get digital products for affiliate marketing? For that, you may want to visit some of the best networks and platforms like:
ShareASale
Awin
CJ Affiliate
Rakuten
ClickBank
And the list continues. First, you need to create your account there. And then search for the products related to your niche. Start promoting them and earn affiliate commissions. Affiliate marketers like Pat Flynn earn as much as $100K per month.
Physical Products
If you want to go for a less competitive type of product, then go for physical ones. I'm not saying that you should opt for selling iPhones because they're still competitive in the market. But of course, you can dig into several products to choose from.
Here's how you select a physical product for affiliate marketing:
Go to e-commerce giants like Amazon, eBay, or Alibaba
Search the product categories
See the positive reviews
Select a solid product
And start creating content around it. Incorporate your affiliate link into it and make affiliate commissions for each sale. If you're interested in promoting physical products, go for Amazon Associates, the biggest affiliate marketing program.
Online Services
Some may consider it a digital product. But I believe online services are different things. Services may be based on software as a service (SAAS) or soft skills. You can promote a Saas product like Canva or SEMRush.
Affiliate Marketing Tutorial: How to Get Started in 2022
This post section is a step-by-step guide to getting started with affiliate marketing in 2022. I'll cover everything from choosing a product or service to tracking your progress along the way. So, let's get started right now.
Pick a Product or Service
First, you want to choose a product or service you want to promote. It's like choosing a niche for your blog or website. Why? If your niche is football, you'd want to sell a football, net, and related products.
Some people choose a niche based on their interests. In contrast, some are money-oriented and go for the perfect product to sell. Regardless of what niche you choose, you must pick a product or service to create content around it.
The first method to choose a product to promote is to go to affiliate programs or networks. This may be CJ, ShareASale, ClickBank, and more.
Set Up Your Blog or Landing Page
To make money with affiliate marketing, you need a platform. That can be a blog, site, or landing page. That's where you publish your content to help your audience and promote different products to earn commissions.
Go to systeme.io, and that's the landing page of system.io.
That's the page where you pitch your idea to your audience.
Here's how you can set up a blog:
Buy hosting from the top hosting services
Get a domain name from NameCheap
Connect the domain name and hosting
Install WordPress to manage your content
And start creating content in your niche
You can make one special page dedicated to pitching your audience. That page will be called a landing page for you. But if you want to get more sales, create as many posts as you can.
But if you want to create a landing page or a blog for almost free, this is how you can do it:
Go to Systeme.io
Enter your email address
And click on ‘Get Started for Free
Log into your Systeme account
And create sales funnels, landing pages, and more
You can do it all without paying a single penny. You will only pay as you grow. That's why I believe that systeme.io has everything you need to create an online business.
What to do after you have created and published your content? Introduce affiliate links, of course. You can promote your affiliate products using:
PrettyLinks (Plugin that helps you incorporate affiliate links naturally)
Banner Ads (Copy the code from the affiliate program and paste it into your blog)
Recommendations page (That's a wonderful page to recommend the products)
Tutorials, tips, and guides (Add value to your audience, so they trust you)
Most marketers sit and wait after they have created content in their niche. But I recommend you run a campaign and actively market your content across different media.
Run the Campaigns
Running campaigns on email, social media, and search platforms is the fastest way to generate affiliate revenue. The campaigns may be free and paid as well. Running paid campaigns is even quicker than free ones.
This is how you run a campaign on email:
Start building your list with lead magnets and more
Decide on your goals and stick with them
Understand your audience
Create awesome opt-ins
Plan your emails and schedule them as well
Craft the perfect subject lines
Go to an email marketing service like Convertkit or Constant Contact
Or you can use Systeme.io
Create an email drip campaign
And start sending the emails to your audience. Talk to them and be friendly. Understand and help them genuinely. Gradually you will build trust and start making money with affiliate commissions.
Here is how you can run a social media campaign:
Understand your audience
Decide on the goal of your campaign
Choose the best social media platform (where your audience spends most time)
Create a content calendar for the week, month, and year
Design visual content as well
Schedule posts and monitor the response
Follow up and start promoting the products
Running a campaign is not just about running it. But you need to keep analyzing the performance and act accordingly. The number one tip I can give is to analyze some of the top successful campaigns, and you'll know what you need to do.
Track & Analyze Your Progress
Analyzing your progress along the way is extremely important for long-term gains. Luckily, you don't need rocket science to do it. All you need to do is pay attention to the affiliate program dashboard you have chosen.
But tracking and analyzing your progress may be challenging if you work with more than one affiliate program. For that, you may want to use L-ink.Me services. It helps you track and analyze all your links in one place.
Go to L-ink.Me
Create your free account there
Start shortening and gratifying your links
Go to the dashboard after logging in
Track and analyze the progress
L-ink.Me is not only the best URL shortener but also a full-fledged link management tool. It also helps you create one link for all your links and build quick landing pages.
Analyzing your progress along the way is extremely important for long-term gains. Luckily, you don't need rocket science to do it. All you need to do is pay attention to the affiliate program dashboard you have chosen.
But tracking and analyzing your progress may be challenging if you work with more than one affiliate program. For that, you may want to use L-ink.M services. It helps you track and analyze all your links in one place.
Go to L-ink.Me
Create your free account there
Start shortening and gratifying your links
Go to the dashboard after logging in
Track and analyze the progress
L-ink.Me is not only the best URL shortener but also a full-fledged link management tool. It also helps you create one link for all your links and build quick landing pages.
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